Robinhood Insurance Broker Private Limited

I am looking for

Launch Date Table No. UIN Status
7/3/2006 178 512N235V01 Withdrawn

About LIC Jeevan Tarang

  • It is a whole-life policy in which one gets a life cover till 100 years or one is alive
  • Policy accumulation term is fixed (10 or 15 or 20 years), wherein a person can pay premium till a specific period
  • Flexible premium paying mode (single payment or monthly or quarterly or annually or semi-annually)
  • The death cover continues after the policy accumulation term
  • After the accumulation period an individual gets 51/2 % of Sum Assured every year on survival

How does this Plan work?

Under LIC Jeevan Tarang plan, an individual chooses an accumulation term (10 or 15 or 20) and pays premiums (single payment or monthly or quarterly or annually or semi-annually). After the accumulation period gets over the individual receives a lump sum of accrued bonus and also, gets 51/2 % of Sum assured every year as survival benefit till he turns 100 years old. If he survives till the age 100, then he will get sum assured and loyalty additions. If in-case he dies during the accumulation period, his nominee gets Sum assured and accrued bonus or in-case if he dies after the accumulation period, his nominee receives Sum assured and loyalty additions.

Let’s understand this by an example,

Consider,

Person’s age: 35
Accumulation term: 10 years
Premium paying term: Single Premium
Sum Assured: Rs.1 lakh

Consider, a 35 year old individual who pays a single premium of Rs. 75600/- and chooses an accumulation period of 10years. Once the accumulation period ends, he receives accrued bonus of approximately Rs. 88000 and also, he gets Rs 5500 (51/2 % of Sum assured) every year as survival benefit till he is 100 years old. If he survives till 100 years, he gets Rs 1 lakh and loyalty additions. Suppose if he doesn’t survive during the accumulation period, his nominee gets Rs. 1 lakh + accrued bonus, or if in-case on death of the insured after the accumulation period, his nominee receives Rs 1 lakh + loyalty additions.

Riders & Add On

Accidental Death and Disability Rider: In this rider the nominee/ family receives the sum assured after the insured’s accidental death or dismemberment or permanent disability.

COMPARE & BUY SIMILAR PLANS

I hereby authorize OneInsure to communicate with me on the given number for my Insurance needs.
I am aware that this authorization will override my registry under NDNC.

THANK YOU!

Bonus History

Company Name : Life Insurance Corporation of India

Plan Name : Jeevan Tarang

BonusYear RevBonus MinPT
2006 2.40% 10
2006 2.80% 15
2006 3.20% 20
2007 4.00% 10
2007 4.40% 15
2007 4.80% 20

Bonus explained: For a sum assured of Rs. 100000/-, if the bonus declared is 4.2% or Rs 42/- per thousand, then the amount of Rs 4200/- gets accumulated into the policy for that year.

Claim Process

Know Claim Process of LIC Jeevan Tarang

Claim Process

Company Overview

Life Insurance Corporation is an Indian state-owned insurance group and investment company headquartered in Mumbai. It is the largest insurance company in India with an estimated asset value of Rs.1560482 crore

BENEFITS OF BUYING FROM ONEINSURE

OneInsure is owned by Robinhood Insurance Broker Pvt. Ltd.

Robinhood is known for its user & customer centric approach. We take care of all the phases of insurance, whether you've bought the policy from us or not.

10
YEARS OF JOURNEY
50,000
HAPPY CUSTOMERS
APP SUPPORT
500+
INSURANCE EXPERTS
7
CITIES
23
OFFICES

That’s a good decision!

By clicking on the “SUBMIT” button, I accept the Terms & Conditions and authorise OneInsure representatives to contact me via Call / SMS / Email

THANK YOU!

A OneInsure representative will call you shortly.

Tab 2

2 burgers per month

burger₹ 700
Your yearly cost on fast food = roughly ₹ 8,400
price
Cost of Health Insurance for whole family with ₹ 5 lakhs cover!

Tab 3

That’s a good decision!

By clicking on the “SUBMIT” button, I accept the Terms & Conditions and authorise OneInsure representatives to contact me via Call / SMS / Email

THANK YOU!

A OneInsure representative will call you shortly.

Get ₹. 50 Lakhs
on retirment by saving
₹. 3,900/ Month.

BUY NOW